FUD IS OVER?

FUD IS OVER?

By Sir Loin | The Crypto Shenanigans | 14 May 2021


The news is smoothly preparing us for the end of the blood-red phase of the cryptocurrency market and getting us ready for a state of equilibrium. The goals are achieved. Bitcoins, worth more than $4 billion, were knocked out of weak hands. Now is the time to prepare the market for the phase of increases.

DOGE was the first to deploy after Musk's tweet on the start of work to improve the transaction system. Like Dogecoin had transaction problems up to this point. Elon Musk apparently wants to achieve minimal combustion of fossil fuels for the operation of the Doge’s network. Owning 28% of Doge’s emission, he is not going to be satisfied with what has already been achieved.

Postfinance (Switzerland) has launched a mobile app that gives customers access to cryptocurrencies, ETFs, and more. The software allows users to make payments, save money or invest in various assets. The app is already available and is called YUH.

Cuba's new president, Miguel Diaz-Canel, told regional governors and politicians about the upcoming stage of adoption of cryptocurrencies for the "convenience" of the national economy.

Today and tomorrow there should be more positive news that will improve the mood of the crypto market participants. The stock market has already reacted with renewed growth.

The most correct behavior during the bloody sale was once again shown by Michael Saylor, who bought another $15 million worth of Bitcoin, taking advantage of the price drop. Microstrategy currently owns 91,850 BTC. The average purchase price for the entire portfolio is $24,403 per BTC. Michael Saylor pinned a haiku: 

Worthy of Socrates, although a bit lacking in spice.

 

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